Herbalife Ltd. shares
HLF, +0.21%
said Monday it will hold a meeting with analysts and investors on Jan. 10 rather than Jan. 7 as previously announced. The company noted it has yet to utilize the $950 million remaining on its existing $1 billion share repurchase authorization. Herbalife expects to exceed its previously announced quarterly guidance of $50 million of the repurchase authorization in upcoming quarters.

Hedge-fund manger Bill Ackman of Pershing Square last week revealed he had taken a huge short position in the stock. Herbalife plans to dispute Ackman’s claims that the direct seller of nutrition products is a pyramid scheme.

Nike Inc.
NKE, +0.93%
shares finished Friday’s session among the top advancers in the S&P 500 index
SPX, +0.01%
after the athletic shoe and apparel maker reported better-than-expected profit for its fiscal second quarter. The company’s gross margin narrowed less than expected while its orders, an indicator of future sales, in North America rose by a better-than-expected 14%.

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